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HINDUSTAN AERONAUTICS
PE (Price/Earnings) Ratio

The Current P/E Ratio of HINDUSTAN AERONAUTICS is 37.60.

Share Price ₹3,327.3Mar 28,2024
Market Cap ₹222,526.5 Cr
Earnings-TTM₹5,918.5 CrTTM-Consolidated Results
Price/Earnings37.60xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of HINDUSTAN AERONAUTICS

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of HINDUSTAN AERONAUTICS is calculated as :

Current Market Cap [ ₹222,526.5 Cr] as on Mar 28,2024

(/) Earnings [ ₹5,918.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 37.60x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for HINDUSTAN AERONAUTICS , the investors are currently willing to pay 37.60 times earnings to own 1 share of the company.

PE Multiples are the most widely used valuation multiple in practice.

Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.

In such cases, you may consider using Price to Book ratio or Price to Sales ratio of HINDUSTAN AERONAUTICS !

P/E ratios, also, would not adjust for differences in the capital structure between companies.

The chart below summarizes the trend in P/E Ratio of HINDUSTAN AERONAUTICS over the last five years.

Historical PE (Price/Earnings) ratio chart of HINDUSTAN AERONAUTICS


PE Ratio Performance Analysis for HINDUSTAN AERONAUTICS

- HINDUSTAN AERONAUTICS 's latest p/e ratio is 37.60x.

- HINDUSTAN AERONAUTICS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 10.42x.

- HINDUSTAN AERONAUTICS 's operated at median p/e ratio of 10.19x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HINDUSTAN AERONAUTICS 's p/e ratio peaked in Mar2023 at 15.67x.

- HINDUSTAN AERONAUTICS 's p/e ratio hit its five-year low in Mar2020 of 6.18x.


How does HINDUSTAN AERONAUTICS 's P/E Ratio benchmark against top 10 peers in Defence Industry?

Peer Comparison (Defence Industry)Earnings-TTM (Cr)PE RatioMarket Cap
HINDUSTAN AERONAUTICS 5,918.4637.60222,526.5
BHARAT DYNAMICS LTD476.7067.3332,098.1
DATA PATTERNS (INDIA) LTD165.9581.7113,559.6
ASTRA MICROWAVE PRODUCTS LTD73.3277.145,655.9
PARAS DEFENCE AND SPACE TECHNOLOGIES LTD32.3773.742,387.0
ROSSELL INDIA LTD13.20102.041,346.9

Defence Industry Benchmark (Top 10) PE Analysis vs HINDUSTAN AERONAUTICS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 37.60x
Max industry PE 102.04x
Median industry PE 77.14x
Average industry PE 73.26x



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